Gold's rally is expected to continue in 2025, according to Wall Street analysts.
Do Kwon pleads not guilty to US fraud charges in $40 billion crypto collapse
NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal fraud charges after being extradited from Montenegro this week. Federal prosecutors in Manhattan on Thursday unsealed a nine-count indictment charging Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, with securities fraud, wire fraud, commodities fraud and money laundering conspiracy. Kwon, 33, wore an olive green long-sleeved shirt and black sweatpants as his lawyer Andrew Chesley entered the plea at a hearing before U.S. Magistrate Judge Robert Lehrburger in Manhattan federal court.
CyberArk Stock Rises After Treasury Department Hack Hits Rival
CyberArk Software shares rose Monday as Morgan Stanley analysts said the company stands to benefit after competitor BeyondTrust was hacked by a Chinese state-sponsored actor seeking to access Treasury Department systems.
December Manufacturing Conditions Continue to Worsen, S&P Global Survey Shows
The US manufacturing sector remained in contraction territory in December amid declines in output an
Crypto mogul Do Kwon pleads not guilty in first US court appearance
South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a freshly unsealed indictment released in time for his first U.S. court appearance. Kwon entered the plea in Manhattan federal court two days after his extradition from Montenegro. The indictment alleges that the man dubbed by some as “the cryptocurrency king” lied to investors from 2018 to 2022 to fool them into pouring money into Terraform Labs, the Singapore crypto firm he cofounded.
Tesla Weighs on S&P 500, Nasdaq Intraday as 2025 Trading Kicks Off
US benchmark equity indexes were lower on the first trading day of 2025, with the S&P 500 and the Na
January 9 is a national day of mourning for Jimmy Carter: What’s closed for the holiday, including stock markets and post offices
President Biden has issued an executive order to honor former President Carter, who died at the age of 100. Here’s what that means for businesses and employees.